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For thousands of years, jewelry has been a symbol of aristocratic life, and it is also a representative of luxury goods that women are willing to chase. From simple gold designs for daily wear to serious traditional festival occasions, there is a large demand for jewelry. For jewelers, how to manage these expensive assets and maximize profits is particularly important. Now let’s focus on how RFID can use “smart stores” to help jewelers manage their belongings!
1. Project background:
After investigation, it is understood that jewelers often encounter the following problems
1. Suffered huge economic losses due to internal theft – Jade Jewellery lost nearly 1 million riyals (about 267,000 US dollars) of jewelry due to the theft, and the company was unable to identify the thief due to lack of evidence identity of.
2. Due to internal theft, many troubles in inventory inventory have been caused.
3. For extremely valuable jewelry, it can prevent the robbery of jewelry, and use its tracking function to recover the loss as much as possible.
Contemporary Communication Technology Co., Ltd. is based onRFIDTechnology develops technical solutions that can monitor jewelry sales and in-store personnel activities to help jewelers solve difficult problems.
2. System implementation:
Each piece of jewelry in the jewelry store is affixed with passive UHF EPC Gen2 RFID tag tags, which store data and use radio waves to automatically identify the jewelry item, before it is placed in the display case.
DDCT readers are installed on the shelves at the entrance and exit of the jewelry store and at the security gate. The complete RFID system includes hardware, asset tracking and software that integrates with the existing ERP system to monitor, track and control all jewelry items in the store according to the company’s requirements. The system reacts and responds to employee actions, alerting in-store managers if there is a breach.
To further improve security measures, the system has issued RFID badges to every employee, whose whereabouts can be recorded on the main server and prevented from triggering any alarms for employees to properly touch the jewelry. The system gives employees one minute to remove jewelry items from boxes and place them in display trays. Once the mobile display tray is placed on the inspection table, the antenna mounted in the center will monitor until the tray is returned to the shelf or display box. The system will issue an alert if there is any abnormal operation during the sale, transfer, consignment or secure replenishment process.
At the end of each day’s work, employees launch a suite of the Asset Intelligence Tracking Store app that tells the RFID system that all jewelry is in good condition. After the jewelry is placed on the POS machine table, the RFID system will automatically identify and ensure that all items have been transferred to the safe. The system verifies the cargo and secures the cargo into the safe through a dedicated antenna installed in front of the security door.Other services provided by the system, such as transferring merchandise from one store to another, shipping, and returning products from customers have been managed
3. Efficiency brought by RFID
1. No more internal theft
2. Reduce inventory time, easily complete inventory work in 10 minutes a day
3. Can track and manage jewelry sales process and activities.
4. Obtain customer preference information on products, selectively enter hot-selling products, and reduce inventory turnover time.
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